Suite number:
2B
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
907 sqft
Occupancy Date:
Dec 2025
Price, CAD
$1,040,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.08%
Cumulative Return on Investment in Year 5
96.20%
Property Price at the End of Year 5
$1,340,000
Deposit Schedule
Total up to 2.5% in 7 days
$26,000
2.5% on Occupancy
$26,000
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $686,000 |
| rent income | $24,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $374,000 |
| mortgage principal reduction | $10,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $155,000 |
| deposit interest | $605 | - | - | - | - | - | - | - | - | - | $605 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $93,000 | $103,000 | $108,000 | $113,000 | $119,000 | $124,000 | $131,000 | $137,000 | $144,000 | $151,000 | $1,221,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| remaining balance payment | $156,000 | - | - | - | - | - | - | - | - | - | $156,000 |
| closing cost | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| operating expense | $9,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $126,000 |
| mortgage payment | $39,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $508,000 |
| total expense investment | $296,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $882,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$203,211 | $39,000 | $44,000 | $49,000 | $54,000 | $59,000 | $65,000 | $71,000 | $78,000 | $84,000 | $339,000 |
| cumulative roi | $26 | $46 | $65 | $81 | $96 | $111 | $125 | $139 | $153 | $168 | $1,000 |
Artesia
Address: Burnaby, British Columbia
Price Range: $590,000 - $1,170,000
Avail. suites: 11
1—3.5 bd
497—1218 SqFt